Botminds AI Revenue Cycle Management Automation
Botminds AI Technologies Pvt. Ltd.
Botminds AI Revenue Cycle Management Automation
Botminds AI Technologies Pvt. Ltd.
Botminds AI Revenue Cycle Management Automation
Botminds AI Technologies Pvt. Ltd.
AI-First, no-code platform for intelligent RCM data extraction, and accurate, fast claims processing
Botminds AI Revenue Cycle Management (RCM) Automation is a powerful no-code AI platform to Improve efficiency of health care providers’ revenue cycle process and uplift patient care. It eliminates repetitive, low-value, manual and tedious tasks.
The platform enables AI-powered extraction of 100s of granular data points across multiple patient record documents & claims forms; automated normalization and insightful analysis – thus, speeding up the processing.
Key highlights -
Streamline Revenue Cycle Process - End to end automation, AI-powered highly accurate extraction and validation of patient & claims data – greatly reducing administrative effort & manual intervention
Manage Case Spikes & Variations - Handles multiple formats of medical records, insurance claim forms (handwritten & printed, scanned) from hundreds of providers; and spurts of incoming documents
Minimize Revenue Loss or Delays - End-to-end automation with pre-trained models avoiding manual errors, reduces chances of delayed or reduced reimbursement
Enhance Patient Satisfaction - Reduces claim denials due to highly accurate extraction and processing, track claims status better, overall enable better quality of care for patients
The platform has 4 key modules that are vertically integrated and available as one platform, under a single license -
1. Capture - For automated abstraction: Automated classification of medical records (patient health records, insurance claim, cover page, discharge summary etc.) of different formats from hundreds of healthcare providers; and template-free extraction from handwritten or printed text, checkboxes etc. based on pre-trained models and easily trainable models; with semantic understanding of data points extracted; automated validation thereby greatly reducing administrative burden and needs for SME/ human intervention.
2. Search - For high-precision contextual results: Powerful cognitive vertical search engine that queries across documents based on relevant search filters – such as diagnose code, payor or provider etc. – to enable RCM service providers and healthcare providers discover relevant information and documents quickly; in addition, semantic search that provides relevant results for Q&A -type queries.
3. Analyze - To make Informed decisions: Customizable, interactive dashboards produce reports in form of interactive graphs and charts on claims processed vs. denied, average time taken - provide productivity insights and enable decision-making
4. Automate - To maximize efficiency: Workflow automation and integration (via APIs, webhooks) to downstream/upstream healthcare systems – thereby greatly reducing document or data duplication effort, back-and-forth coordination between entities or roles